Renting · Section 8
Data from November 2026
Renting in Wayne County, Indiana
Wayne County has a HUD fair market rent of $1,014 a month for 2 bedrooms (Fiscal year 2027). Renter households here pay a typical rent of $815 a month (Average 2020–2024). Paying the fair market rent without going over 30% of income takes $19.50 an hour, full time.
Four numbers to start with
- Fair market rent, 2 bedrooms
- $1,014
- a month, HUD, Fiscal year 2027
- 22% less than in Indiana
- Typical rent
- $815
- a month, Census, Average 2020–2024
- 23% less than in Indiana
- Wage needed
- $19.50
- an hour, 2 bedrooms
- Or $40,560 a year, to spend no more than 30% of income on rent.
- Rent-burdened households
- 51%
- spend 30% or more of income on rent
- 7% more than in Indiana
Only here
Renting in Wayne County: what sets it apart
What this place has that others do not, from public data, most unusual first.
-
At $55,692, Wayne County ranks 6th among the 92 counties in Indiana for the lowest typical household income.
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Wayne County has the 9th largest share of rent-burdened renters of the 92 counties in Indiana (51%).
Sources: U.S. Census Bureau (Average 2020–2024).
Fair market rent
What HUD sets for each size
Every year HUD (the U.S. Department of Housing and Urban Development) publishes a Fair Market Rent (FMR) for each home size in Wayne County. It is used to work out how much a Section 8 voucher covers. The table shows what you need to earn to pay it without spending more than 30% of income.
The fair market rent covers rent plus basic utilities, except the phone. HUD generally sets it at the 40th percentile: 4 in 10 standard-quality homes rented recently cost less. 24 CFR §888.113(a)
According to Zillow (ZORI), the typical asking rent in Wayne County was $901 a month in September 2026: 4.7% more than 12 months ago. It is an index of market listings, not a HUD limit. Zillow data
| Size | Fair rent per month | Hourly wage | Income needed per year |
|---|---|---|---|
| Studio | $770 | $14.81 | $30,800 |
| 1 bedroom | $775 | $14.90 | $31,000 |
| 2 bedrooms | $1,014 | $19.50 | $40,560 |
| 3 bedrooms | $1,281 | $24.63 | $51,240 |
| 4 bedrooms | $1,333 | $25.63 | $53,320 |
HUD area: Wayne County, IN. Source: HUD, Fiscal year 2027
By ZIP code
The fair market rent for your ZIP code
HUD also publishes fair market rents by ZIP code (Small Area FMRs) for 20 ZIP codes in Wayne County (Fiscal year 2027). Type yours to see it.
For 2 bedrooms they run from $1,010 in 47327 to $1,410 in 47393. 10 ZIP codes are above the county's fair market rent ($1,014).
Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses. 24 CFR §982.503(a)(1)
| 47324 | Wayne County, IN | $830 | $830 | $1,090 | $1,380 | $1,430 |
|---|---|---|---|---|---|---|
| 47327 | Fayette County, IN | $770 | $780 | $1,010 | $1,290 | $1,340 |
| 47327 | Henry County, IN | $770 | $780 | $1,010 | $1,290 | $1,340 |
| 47327 | Wayne County, IN | $770 | $780 | $1,010 | $1,290 | $1,340 |
| 47330 | Wayne County, IN | $800 | $810 | $1,060 | $1,340 | $1,390 |
| 47335 | Wayne County, IN | $770 | $780 | $1,010 | $1,290 | $1,340 |
| 47339 | Wayne County, IN | $840 | $900 | $1,120 | $1,430 | $1,480 |
| 47341 | Randolph County, IN | $770 | $780 | $1,010 | $1,290 | $1,340 |
| 47341 | Wayne County, IN | $770 | $780 | $1,010 | $1,290 | $1,340 |
| 47345 | Wayne County, IN | $800 | $810 | $1,060 | $1,340 | $1,390 |
| 47346 | Henry County, IN | $770 | $780 | $1,010 | $1,290 | $1,340 |
| 47346 | Wayne County, IN | $770 | $780 | $1,010 | $1,290 | $1,340 |
| 47357 | Fayette County, IN | $750 | $800 | $1,010 | $1,280 | $1,350 |
| 47357 | Wayne County, IN | $750 | $800 | $1,010 | $1,280 | $1,350 |
| 47370 | Wayne County, IN | $810 | $820 | $1,070 | $1,350 | $1,410 |
| 47374 | Union County, IN | $780 | $790 | $1,030 | $1,300 | $1,350 |
| 47374 | Wayne County, IN | $780 | $790 | $1,030 | $1,300 | $1,350 |
| 47392 | Wayne County, IN | $990 | $1,000 | $1,300 | $1,650 | $1,710 |
| 47393 | Randolph County, IN | $1,070 | $1,090 | $1,410 | $1,790 | $1,860 |
| 47393 | Wayne County, IN | $1,070 | $1,090 | $1,410 | $1,790 | $1,860 |
- 47324 · Wayne County, IN $1,090$1,380
- 47327 · Fayette County, IN $1,010$1,290
- 47327 · Henry County, IN $1,010$1,290
- 47327 · Wayne County, IN $1,010$1,290
- 47330 · Wayne County, IN $1,060$1,340
- 47335 · Wayne County, IN $1,010$1,290
- 47339 · Wayne County, IN $1,120$1,430
- 47341 · Randolph County, IN $1,010$1,290
- 47341 · Wayne County, IN $1,010$1,290
- 47345 · Wayne County, IN $1,060$1,340
- 47346 · Henry County, IN $1,010$1,290
- 47346 · Wayne County, IN $1,010$1,290
- 47357 · Fayette County, IN $1,010$1,280
- 47357 · Wayne County, IN $1,010$1,280
- 47370 · Wayne County, IN $1,070$1,350
- 47374 · Union County, IN $1,030$1,300
- 47374 · Wayne County, IN $1,030$1,300
- 47392 · Wayne County, IN $1,300$1,650
- 47393 · Randolph County, IN $1,410$1,790
- 47393 · Wayne County, IN $1,410$1,790
Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) (external site)
Rent burden
How many households spend too much
HUD counts rent as a burden when it reaches 30% of income or more. In Wayne County, 51% of renter households are in that position; in Indiana, 48%, and nationwide, 51% (Average 2020–2024, Census).
Paying too much rent leaves little for food, transportation and savings. If that is you, the agencies below can guide you for free.
51%
of renter households spend 30% or more of their income on rent.
8,302 households rent in Wayne County
- Spend half or more of their income 24%
- Spend 30% or more, but less than half 27%
- Spend less than 30% 49%
Compared with the state and the country
- Wayne 51%
- Indiana 48%
- United States 51%
Low-income apartments
Low-income apartments in Wayne County
HUD lists 21 properties with homes for low-income households in Wayne County: tax-credit apartments (LIHTC), HUD-assisted buildings and public housing. They run from the most low-income homes to the fewest.
- with tax credits (LIHTC)
- 6
- HUD-assisted
- 12
- public housing
- 3
1,463 homes in all; 1,245 of them low-income, according to HUD.
- Cambridge Square Richmond HUD-assisted 3800 S A St, Richmond 47374 150 low-income homes · For older adults · (765) 962-4526
- Carriage House Richmond HUD-assisted 701 Dillon Dr, Richmond 47374 106 low-income homes · For families · (765) 935-3796
- Merle Henderson Apartments Public housing 81 S 14th St, Richmond 47374 104 low-income homes · Run by Housing Authority of the City of Richmond · Average payment: $285 a month · Average wait: 12 months · (765) 966-2687
- Interfaith Housing B HUD-assisted 510 W Main St, Richmond 47374 101 homes, 100 low-income · For older adults · (765) 966-0064
- Greenwood Apartments HUD-assisted 1460 S 16th St, Richmond 47374 100 low-income homes · For families · (765) 962-0886
- Southview/ GEIER APARTMENTS Public housing 2001 W Main St, Richmond 47374 100 low-income homes · Run by Housing Authority of the City of Richmond · Average payment: $341 a month · Average wait: 15 months · (765) 966-2687
- Robert F. (BOBBY) Smith Apartments Public housing 1407 N H St, Richmond 47374 100 homes, 99 low-income · Run by Housing Authority of the City of Richmond · Average payment: $372 a month · Average wait: 16 months · Homes at several sites · (765) 966-2687
- Starr Senior Apts Tax credit (LIHTC) 401 N 10th St, Richmond 47374 67 low-income homes · 1 bd: 60 · 2 bd: 7 · In service since 2000 · For older adults
- Dunn Supportive Housing Tax credit (LIHTC) 1840 S 13th St, Richmond 47374 60 low-income homes · 1 bd: 60 · In service since 2012 · For families
- Rosewood Terrace HUD-assisted 4100 S A St, Richmond 47374 57 homes, 56 low-income · For older adults · (765) 962-2471
- Cedar Cliff Apts Tax credit (LIHTC) 184 Cedar Cliff Rd, Richmond 47374 42 low-income homes · 2 bd: 33 · 3 bd: 9 · In service since 1996
- Village Apts of Richmond Tax credit (LIHTC) 4000 S A St, Richmond 47374 40 low-income homes · 2 bd: 24 · 3 bd: 16 · In service since 1999
- Interfaith Housing A HUD-assisted 34 NW 5th St, Richmond 47374 104 homes, 38 low-income · For older adults · (765) 966-0064
- Parc Lorraine Cooperative I HUD-assisted 17 S 52nd Pl, Richmond 47374 56 homes, 37 low-income · For families · (765) 966-1298
- Parc Lorraine Cooperative II HUD-assisted 100 S 52nd Pl, Richmond 47374 56 homes, 37 low-income · For families · (765) 966-1298
- Dogwood Terrace HUD-assisted 101 Cedar Cliff Rd, Richmond 47374 33 homes, 32 low-income · For older adults · (765) 962-2471
- Panoramic Apartments Phase IV HUD-assisted 600 N Morton Ave, Centerville 47330 32 low-income homes · For families · (765) 855-5240
- Bethlehem Community HUD-assisted 1212 S 20th St, Richmond 47374 25 low-income homes · For people with disabilities · (765) 966-0816
- Cumberland Apartments HUD-assisted 151 S 52nd St, Richmond 47374 21 homes, 20 low-income · For people with disabilities · (765) 966-3471
- Nine North Tax credit (LIHTC) 210 N 9th St, Richmond 47374 57 homes
- Village at Whitewater Tax credit (LIHTC) 5059 Whitewater Ave, Richmond 47374 52 homes
Source: HUD, retrieved November 6, 2026. LIHTC database, updated May 14, 2025; Assisted multifamily properties, updated October 23, 2026; Public housing developments, updated October 23, 2026.
Section 8
The Section 8 voucher in Wayne County
The Housing Choice Voucher (Section 8) pays part of your rent on a home you choose. Your public housing agency runs it. 1 agency serves in Wayne County. Here is what the rules say:
The rules, with their source
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You apply at the public housing agency. If you qualify, your name usually goes on a waiting list. Applicants must be U.S. citizens or noncitizens with eligible status as HUD defines it. Source: HUD
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Generally, your family must have very low income: no more than 50% of the area median income, by family size (the middle column of the table). Source: 24 CFR §5.603, §982.201(b)
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Each year, at least 75% of the families an agency admits from its list must have extremely low income (the 30% column). Source: 24 CFR §982.201(b)(2)
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If the rent is below the payment standard, the family generally pays 30% of its adjusted monthly income. If it is above, the family pays more. Source: 24 CFR §982.1(a)(3)
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When you move in, if the rent is above the payment standard, your share cannot go over 40% of your adjusted monthly income. Source: 24 CFR §982.508
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Each agency sets a payment standard for each size. Without asking HUD, it can go from 90% to 110% of the fair market rent. Source: 24 CFR §982.503(b), (c)
| People | Extremely low (30%) | Very low (50%) | Low |
|---|---|---|---|
| 1 person | $17,850 | $29,700 | $47,500 |
| 2 people | $21,640 | $33,950 | $54,300 |
| 3 people | $27,320 | $38,200 | $61,100 |
| 4 people | $33,000 | $42,400 | $67,850 |
| 5 people | $38,680 | $45,800 | $73,300 |
| 6 people | $44,360 | $49,200 | $78,750 |
| 7 people | $50,040 | $52,600 | $84,150 |
| 8 people | $55,720 | $56,000 | $89,600 |
Area median income: $70,300. HUD income limits by family size, Fiscal year 2026. Area: Wayne County, IN. Source: HUD, Fiscal year 2026
Possible payment standard
- Studio $693 – $847
- 1 bedroom $698 – $853
- 2 bedrooms $913 – $1,115
- 3 bedrooms $1,153 – $1,409
- 4 bedrooms $1,200 – $1,466
The range the rule allows: 90% to 110% of the county's fair market rent. Your agency publishes its own.
Housing agencies that serve this place
- Housing Authority of the City of Richmond Public housing and Section 8 vouchers · 277 vouchers · 304 public housing units (765) 966-2687 Housing Authority of the City of Richmond: financedept@hacrhousing.com
Housing agencies in Indiana Source: HUD, Retrieved November 6, 2026
Your rights as a tenant in Indiana
What Indiana law says about deposits, notices and eviction, with the citation for each rule.
See your rights, rule by ruleCompare these rules with other states →
A summary of state law, not legal advice. Cities may have additional rules.
- When must they return my deposit?
- 45 days
- Ind. Code §32-31-3-12(a)
- If I fall behind on rent, what notice must I get?
- 10 days
- Ind. Code §32-31-1-6
- How much notice before a rent increase?
- 30 days
- Ind. Code §32-31-5-4
- Only a court order can remove youInd. Code §32-31-5-6(c)
- Protection from retaliationInd. Code §32-31-8.5-5
Help
Where to get help with rent in Wayne County
These are the nearest HUD-approved agencies. They counsel for free or at low cost.
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Pathstone Corporation - Indiana
420 S High St Ste 101, Muncie · 30 miles away · Spanish
- Budget and financial counseling
- Budget and credit workshops
- and 5 more
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Transition Resources - Pendleton
600 Corporation Dr Ste 105, Pendleton · 42 miles away
- Mortgage delinquency and default
- Budget and financial counseling
- and 7 more
Tool
How much cash do you need to move in?
It starts with the 2-bedroom fair market rent in Wayne County. Change the rent, the deposit and the fees to yours: the numbers stay in your browser.
Count power on top of the rent: in Indiana, the average home bill was $133 a month in 2024 (EIA). See electricity and gas costs
Your move
We use the place's fair market rent and the state's deposit rule.
Adjust advanced details
Let's do the math
Cash to move in
$2,028
What you need before you get the keys.
What adds up
- First month
- $1,014
- Security deposit
- $1,014
- Total
- $2,028
When you'll have it
Enter what you can set aside each month to see how long it takes.
What helps
- Ask for a receipt for every payment and keep a copy of the lease.
- On move-in day, walk through the home and take dated photos.
- Never send money for a home you haven't seen or a lease you haven't read.
This is a planning estimate, not a price. What you are asked for depends on the landlord, your lease and your state's and city's rules. It is not legal advice.
Frequently asked questions
What is the fair market rent in Wayne County?
According to HUD (Fiscal year 2027): Studio: $770; 1 bedroom: $775; 2 bedrooms: $1,014; 3 bedrooms: $1,281; 4 bedrooms: $1,333. It covers rent plus basic utilities, except the phone.
How much do you need to earn to rent in Wayne County?
Paying the 2-bedroom fair market rent ($1,014) without spending more than 30% of income takes $19.50 an hour full time, or $40,560 a year.
Who qualifies for Section 8 in Wayne County?
Generally, families with very low income: no more than 50% of the area median income. For 4 people, HUD's limit here is $42,400 a year (Fiscal year 2026). The family usually pays 30% of its adjusted monthly income. You apply at the housing agency.
How much does Section 8 pay in Wayne County?
The voucher pays up to your housing agency's payment standard, minus your share. The rule lets the agency set it between 90% and 110% of the fair market rent: for 2 bedrooms here, between $913 and $1,115 a month. Your agency publishes its figure.
Does the fair market rent change by ZIP code in Wayne County?
For 2 bedrooms they run from $1,010 in 47327 to $1,410 in 47393. Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses.
How many low-income apartments are there in Wayne County?
HUD lists 21 properties with homes for low-income households in Wayne County: tax-credit apartments (LIHTC), HUD-assisted buildings and public housing. They run from the most low-income homes to the fewest. For tax-credit apartments and HUD-assisted buildings, you apply directly at the building's management office. They tell you whether units are open and how to apply; HUD does not have that information.
How many households spend too much on rent in Wayne County?
HUD counts rent as a burden when it reaches 30% of income or more. In Wayne County, 51% of renter households are in that position; in Indiana, 48%, and nationwide, 51% (Average 2020–2024, Census).